Canadian Market Ends On Weak Note

RTTNews | 846 일 전
Canadian Market Ends On Weak Note

(RTTNews) - The Canadian market ended on a weak note on Thursday after languishing in the red right through the day's session, as rate hike concerns and the possible adverse impact of rising interest rates on economic growth weighed on stocks.

Shares from technology, industrials, real estate, utilities and financials sections were among the notable losers. Energy and materials shares found support. A few stocks from consumer discretionary and healthcare sections too climbed higher.

The benchmark S&P/TSX Composite Index, which dropped to a low of 19,386.71, ended the session with a loss of 81.99 points or 0.42% at 19,506.84.

BlackBerry (BB.TO), Toronto-Dominion Bank (TD.TO), Shopify Inc (SHOP.TO) and Kinross Gold Corporation (K.TO) lost 2.4 to 2.8% on huge volumes.

Docebo Inc (DCBO.TO) ended more than 4% down. Kinaxis Inc (KXS.TO) drifted down by about 3.7%. Colliers International (CIGI.TO), Waste Connections (WCN.TO), Descartes Systems Group (DSG.TO), Thomson Reuters (TRI.TO), TFI International (TFII.TO) and Fairfax Financial Holdings (FFH.TO) ended with sharp to moderate losses.

Atco Inc (ACO.Y.TO), Teck Resources (TECK.A.TO), Tecsys Inc (TCS.TO), Precision Drilling Corporation (PD.TO), Nutrien (NTR.TO), Sprott Inc (SII.TO), Methanex Corporation (MX.TO), Sierra Wireless (SW.TO) and Suncor Energy (SU.TO) gained 2 to 5%.

read more
Pound Falls Against Most Majors

Pound Falls Against Most Majors

The pound weakened against its most major counterparts in the New York session on Wednesday.
RTTNews | 1 시간 18 분 전
Swiss Market Ends On Positive Note

Swiss Market Ends On Positive Note

The Switzerland market, which held firm till well past noon on Wednesday after a steady start, suffered a setback in the final hour, but managed to recover in the closing minutes to sign off on a positive note. Easing worries about tariffs and some strong results helped underpin sentiment.
RTTNews | 2 시간 23 분 전
TSX Down Nearly 1% Despite Coming Off Early Lows

TSX Down Nearly 1% Despite Coming Off Early Lows

Despite staging a fairly strong recovery after an early setback, the Canadian market remains firmly down in negative territory a little past noon on Wednesday, with stocks from energy, technology and healthcare sectors reeling under selling pressure. Disappointing Canadian and U.S. GDP data, and Trump administration's policy uncertainty are weighing on sentiment.
RTTNews | 3 시간 36 분 전
German Inflation At 6-Month Low, Core Figure Accelerates First Time In 4 Months

German Inflation At 6-Month Low, Core Figure Accelerates First Time In 4 Months

Germany's consumer price inflation slowed for a second straight month in April to its lowest level in six months as energy prices continued to fall, but the core price growth accelerated for the first time since December as services cost growth increased, which warrants caution from the European Central Bank that is set to reduce interest rates further.
RTTNews | 3 시간 46 분 전
U.S. Pending Home Sales Unexpectedly Spike 6.1% March

U.S. Pending Home Sales Unexpectedly Spike 6.1% March

Partly reflecting a substantial increase in the South, the National Association of Realtors released a report on Wednesday showing an unexpected spike by pending home sales in the U.S. in the month of March. NAR said its pending home sales index surged by 6.1 percent to 76.5 in March after jumping by 2.1 percent to a revised to 72.1 in February.
RTTNews | 5 시간 21 분 전
U.S. Consumer Prices Virtually Unchanged In March, In Line With Estimates

U.S. Consumer Prices Virtually Unchanged In March, In Line With Estimates

A closely watched report released by the Commerce Department on Wednesday showed U.S. consumer prices were virtually unchanged in the month of March. The Commerce Department said its personal consumption expenditures (PCE) price index edged down by less than a tenth of a percent in March after rising by an upwardly revised 0.4 percent in February.
RTTNews | 5 시간 24 분 전